Search found 335 matches

by ny_rn
Wed Oct 11, 2017 7:53 am
Forum: Local Chapters and Bogleheads Community
Topic: Brooklyn, NY Meetup
Replies: 8
Views: 725

Re: Brooklyn, NY Meetup

Biglaw Investor wrote:
Wed Oct 11, 2017 5:21 am
I'd be up for a meeting. I live in Cobble Hill.
Great, I'm in Prospect Heights.
stemikger wrote:
Wed Oct 11, 2017 6:37 am
Would Staten Island count?
Sure. Would you be willing to come to Brooklyn? I imagine we could meet around Park Slope or close to Barclays Center (access to trains).
by ny_rn
Wed Oct 11, 2017 4:58 am
Forum: Local Chapters and Bogleheads Community
Topic: Brooklyn, NY Meetup
Replies: 8
Views: 725

Re: Brooklyn, NY Meetup

Mel Lindauer wrote:
Sun Oct 08, 2017 2:49 pm
There should be more than enough Bogleheads in Brooklyn to get a new Local Chapter going. Let's see how may express an interest.
Bump.

Thank you, Mr. Lindauer.
by ny_rn
Sun Oct 08, 2017 11:19 am
Forum: Local Chapters and Bogleheads Community
Topic: Brooklyn, NY Meetup
Replies: 8
Views: 725

Brooklyn, NY Meetup

Any Bogleheads located in Brooklyn, NY? If so, who would be interested in getting together to grab a bite to eat and talk investing, etc?
by ny_rn
Sat Sep 23, 2017 8:28 pm
Forum: Investing - Help with Personal Investments
Topic: Is it a good time to buy Apple Stock on 9/23?
Replies: 18
Views: 1929

Re: Is it a good time to buy Apple Stock on 9/23?

If $100,000 is considered "nothing" to you, then feel free. But, I have a feeling this money is important to you. So, do not do it.

Put the cash in a savings account, spend more time on this site and educate yourself a little more.
by ny_rn
Tue Sep 19, 2017 4:14 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin AA - Just out of Curiousity
Replies: 51
Views: 2604

Re: Bitcoin AA - Just out of Curiousity

1. A very, very small percentage. I do not include it in my total net worth. 2. I took "x" amount of money and put it in litecoin, bitcoin and ethereum a few months ago. After I made my money back, I took my principal out and now I'm just playing with the gains. Notice I said, "playing." Maybe I'll ...
by ny_rn
Thu Sep 14, 2017 2:03 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin is dropping right now after a big Chinese exchange announces closure
Replies: 84
Views: 6570

Re: Bitcoin is dropping right now after a big Chinese exchange announces closure

am wrote:
Thu Sep 14, 2017 1:15 pm
I am holding on however because no one knows for sure. I may even buy more if they keep going down, China is one country and Chase CEO is one man with an opinion.
I am also prepared to deploy some extra money if the price keeps dropping.
by ny_rn
Wed Sep 13, 2017 4:10 pm
Forum: Investing - Help with Personal Investments
Topic: How often do you put money in Vanguard
Replies: 55
Views: 4227

Re: How often do you put money in Vanguard

Automatic contribution - 1st of every month.

Manual contributions - a few hundred dollars 2-3x per month.
by ny_rn
Sun Sep 10, 2017 2:30 pm
Forum: Investing - Help with Personal Investments
Topic: How to buy a Bitcoin?
Replies: 29
Views: 1791

Re: How to buy a Bitcoin?

This is how I buy and sell bitcoin, ethereum and litecoin with $0 fees...

1. Create account on coinbase.com.
2. Bring USD from bank account into the coinbase account.
3. Transfer money from step 2 to gdax.com (exchange owned by coinbase.com).
4. Buy and sell as "limit orders" with $0 fees.
by ny_rn
Wed Sep 06, 2017 4:37 am
Forum: Investing - Help with Personal Investments
Topic: Bought crypto currency
Replies: 67
Views: 3602

Re: Bought crypto currency

I have some LTC and will be selling all of it at $85.
by ny_rn
Tue Aug 15, 2017 2:26 pm
Forum: Investing - Help with Personal Investments
Topic: BITCOIN: Any experience sending USD from Coinbase to BofA?
Replies: 4
Views: 566

Re: BITCOIN: Any experience sending USD from Coinbase to BofA?

Not for BofA, but I have for Wells Fargo. It went smoothly, multiple times. Coinbase is heavily-regulated, backed by very mainstream investors (including the New York Stock Exchange), and FDIC insured to $250,000. For next time: the Boglehead strategy in this case is to sell on Coinbase's GDAX exch...
by ny_rn
Tue Aug 15, 2017 2:19 pm
Forum: Investing - Help with Personal Investments
Topic: BITCOIN: Any experience sending USD from Coinbase to BofA?
Replies: 4
Views: 566

Re: BITCOIN: Any experience sending USD from Coinbase to BofA?

Yes, your money will arrive. The cash takes a few days to clear.
by ny_rn
Mon Aug 14, 2017 9:42 am
Forum: Investing - Help with Personal Investments
Topic: Bitcoin
Replies: 124
Views: 8702

Re: Bitcoin

book lover wrote:
Mon Aug 14, 2017 9:33 am
Tulips anyone?
Definitely. But, I will take a few tulip petals that fall from time to time.
by ny_rn
Sun Aug 13, 2017 7:42 pm
Forum: Investing - Help with Personal Investments
Topic: Bitcoin
Replies: 124
Views: 8702

Re: Bitcoin

Malinois000 wrote:
Sun Aug 13, 2017 7:18 pm
Is there a more conservative way to play Bitcoins, for example, one of the major tech companies or banks?
The words conservative, play and bitcoins sound like a very dangerous combination.

You could just purchase more of the total stock market index and you will be investing in NVIDIA and AMD.
by ny_rn
Sun Aug 13, 2017 6:46 pm
Forum: Investing - Help with Personal Investments
Topic: Bitcoin
Replies: 124
Views: 8702

Re: Bitcoin

I started trading cryptocurrencies (bitcoin, ethereum and litecoin) a few months back with some money I wanted to speculate with. So far, I'm happy with the results. I'll continue playing with cryptocurrencies until it is no longer fun or "I win the game."
by ny_rn
Sun Aug 13, 2017 7:56 am
Forum: Investing - Help with Personal Investments
Topic: Individual stocks for fun
Replies: 24
Views: 1746

Re: Individual stocks for fun

I trade cryptocurrency (bitcoin and ethereum) for fun. I'm sure it'll meet all of your speculative needs. Feel like it is too late to jump on it though. Only if I could have near the beginning of it.. ONLY IF! is the key word :D The hedge fund contest seems like a good place to look though. Thanks ...
by ny_rn
Fri Aug 11, 2017 8:32 am
Forum: Investing - Help with Personal Investments
Topic: Individual stocks for fun
Replies: 24
Views: 1746

Re: Individual stocks for fun

I trade cryptocurrency (bitcoin and ethereum) for fun. I'm sure it'll meet all of your speculative needs.
by ny_rn
Thu Aug 03, 2017 2:46 pm
Forum: Personal Consumer Issues
Topic: Creating Multiple Streams of Income
Replies: 12
Views: 2130

Creating Multiple Streams of Income

For those of you who have created multiple streams of income, what do you do? I think it would be interesting to see what others are doing to make money, aside from his or her full-time job. I'll start... - Selling medical supplies online - Trading cryptocurrencies (bitcoin, litecoin and ethereum)
by ny_rn
Fri Jul 21, 2017 9:28 am
Forum: Investing - Theory, News & General
Topic: Cryptocurrencies
Replies: 45
Views: 3545

Re: Cryptocurrencies

I recently started "playing" with the cryptocurrencies: ethereum, litecoin and bitcoin. Notice that I said, "playing." So far, it has paid off. I have pulled my principal cash out and only play with my earnings. I should mention that my real investments (401k, roth ira and taxable accounts) are on s...
by ny_rn
Sun Apr 30, 2017 9:46 am
Forum: Personal Consumer Issues
Topic: The Expensive Car
Replies: 8
Views: 1334

The Expensive Car

My co-worker recently leased a 2015 Mercedes-Benz G-Class G55 and it got me thinking... Within my immediate department, I am probably the only person who contributes the maximum to our 403(b). I hear so many people say, "how do you do it?" The same co-worker that leased this vehicle for ~ ...
by ny_rn
Mon Apr 24, 2017 5:44 am
Forum: Investing - Help with Personal Investments
Topic: What fund to invest spare change in?
Replies: 4
Views: 630

Re: What fund to invest spare change in?

AgentHoopla wrote: ...I have about 30-40k in other monies that I may need to spend in 6 months - 2 years for unforeseen circumstances.


A boring savings account.
by ny_rn
Mon Apr 03, 2017 9:40 am
Forum: Investing - Theory, News & General
Topic: 100% stocks in ROTH?
Replies: 27
Views: 2015

Re: 100% stocks in ROTH?

I follow this same thinking. Then again, my 403(b) and taxable account is 100% US equities split between the total stock market and S&P 500.
by ny_rn
Tue Mar 28, 2017 10:21 am
Forum: Investing - Help with Personal Investments
Topic: Parents offering to invest $300,000 in my name as graduation gift; initial thought is to invest in a house?
Replies: 33
Views: 3284

Re: Parents offering to invest $300,000 in my name as graduation gift; initial thought is to invest in a house?

If I were in your situation I would put $250k into vanguard total stock market and $50k in a savings account. Consider the $300k money you do not have and live your life how you're currently living.
by ny_rn
Sun Mar 19, 2017 9:03 pm
Forum: Investing - Help with Personal Investments
Topic: Am I Addicted [to contribute to my taxable account]
Replies: 57
Views: 7282

Re: Am I Addicted [to contribute to my taxable account]

"Does anyone else find themselves constantly contributing to their taxable account? Besides my 403(b) and Roth IRA, I contribute all "spare" money to my taxable account (total stock market - vtsax). For example - I found $10 on the floor and sent it directly to vanguard." Why &q...
by ny_rn
Sat Mar 18, 2017 10:20 pm
Forum: Investing - Help with Personal Investments
Topic: Am I Addicted [to contribute to my taxable account]
Replies: 57
Views: 7282

Am I Addicted [to contribute to my taxable account]

Does anyone else find themselves constantly contributing to their taxable account? Besides my 403(b) and Roth IRA, I contribute all "spare" money to my taxable account (total stock market - vtsax). For example - I found $10 on the floor and sent it directly to vanguard. Am I addicted? Anyo...
by ny_rn
Fri Mar 17, 2017 4:44 pm
Forum: Local Chapters and Bogleheads Community
Topic: [Virtual online chapter - Master thread]
Replies: 57
Views: 6654

Re: Virtual boglehead meeting?

Great idea. If funds are needed to host this monthly, I'm sure we can all chip in a few dollars to cover costs. We can use our "fun money." :D
by ny_rn
Wed Mar 08, 2017 2:35 am
Forum: Investing - Help with Personal Investments
Topic: 5k-10k to invest. What should I do?
Replies: 6
Views: 891

Re: 5k-10k to invest. What should I do?

Fishing50 wrote:Buy a low cost, total stock market index fund and hold it forever.


+1. Lump sum it or DCA it over time.
by ny_rn
Thu Feb 23, 2017 8:09 pm
Forum: Investing - Help with Personal Investments
Topic: Thank You
Replies: 9
Views: 1378

Re: Thank You

A lot of this information you have to seek out (at least take a little initiative). Otherwise you're not going to know about retirement planning options from day to day life. This definitely applied to me. Money wasn't tight, but I definitely lived for the present. For example - expensive dinners, ...
by ny_rn
Thu Feb 23, 2017 8:00 pm
Forum: Investing - Help with Personal Investments
Topic: Thank You
Replies: 9
Views: 1378

Re: Thank You

Great testimonial! I think many people have "no knowledge of a Roth IRA." Can you shed light on why you had no knowledge? I'm asking because I think that should be the main way that lower income people save for retirement, but I suspect they have no knowledge of a Roth IRA either. Is is b...
by ny_rn
Thu Feb 23, 2017 10:55 am
Forum: Investing - Help with Personal Investments
Topic: Thank You
Replies: 9
Views: 1378

Thank You

My portfolio finally hit the $100,000 milestone. I remember not too long ago I didn't contribute to my 403(b) and had no knowledge of a Roth IRA or taxable account. Now, I contribute the maximum to my 403(b) and Roth IRA, while pushing all extra cash to a taxable account. It's amazing how fast the n...
by ny_rn
Sat Feb 18, 2017 8:58 am
Forum: Personal Finance (Not Investing)
Topic: "With $15 Left in the Bank, a Baby Boomer Makes Peace With Less" -- A cautionary tale
Replies: 37
Views: 5445

Re: "With $15 Left in the Bank, a Baby Boomer Makes Peace With Less" -- A cautionary tale

This story reminds me of why I started what I call my personal "latte contribution schedule." For this exact reason, I set up a automatic contribution ($40) into my taxable account (100% vtsax) on a weekly basis. I love coffee, but I "try" to make my own or buy $1 coffee from a b...
by ny_rn
Wed Feb 15, 2017 8:33 pm
Forum: Investing - Help with Personal Investments
Topic: Investing Small
Replies: 14
Views: 1491

Re: Investing Small

Short answer. Start a Roth IRA and contribute the maximum if this applies to you. Contribute money as it becomes available.

Personally, I contribute anywhere from $10-$500 (monthly) until my Roth IRA (held at Vanguard) is maxed out. I pay $0 in transaction fees.
by ny_rn
Tue Jan 24, 2017 9:23 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford to stop working overtime?
Replies: 56
Views: 5171

Re: Can I afford to stop working overtime?

I am a single male with no children. I work overtime like a crazy person, and I'm beginning to cut back. Why? To enjoy friends and family more. I believe you answered your own question. In my opinion, nothing else in your initial post matters except, "I think the kids need me around at home a l...
by ny_rn
Thu Jan 19, 2017 11:07 pm
Forum: Personal Finance (Not Investing)
Topic: Best Financial Moves You've Made
Replies: 141
Views: 18772

Re: Best Financial Moves You've Made

Creating multiple income streams and not relying on my full-time job.
by ny_rn
Thu Jan 19, 2017 10:16 pm
Forum: Investing - Help with Personal Investments
Topic: Which Bond Fund
Replies: 18
Views: 2626

Re: Which Bond Fund

It appears that "the enemy of a good plan is the dream of a perfect plan" applies here. Thank you all for the input. Very interesting perspectives.
by ny_rn
Wed Jan 18, 2017 7:53 pm
Forum: Investing - Help with Personal Investments
Topic: Which Bond Fund
Replies: 18
Views: 2626

Re: Which Bond Fund

I assume the best place for bonds are in my 403(b) due to tax-inefficiency. Also, I have zero use for this money until I retire which is ~ 30-35-years from now. The best place for your bonds (all things being equal) is in a tax-advantaged account, yes, but not necessarily the 403b. I'm assuming you...
by ny_rn
Mon Jan 16, 2017 12:25 pm
Forum: Investing - Help with Personal Investments
Topic: Which Bond Fund
Replies: 18
Views: 2626

Re: Which Bond Fund

I should mention that I am still able to "sleep at night" with no bond fund at this point. I'm sure that will change as the value increases.
by ny_rn
Mon Jan 16, 2017 12:18 pm
Forum: Investing - Help with Personal Investments
Topic: Which Bond Fund
Replies: 18
Views: 2626

Re: Which Bond Fund

ignition wrote:If your investment horizon is 30-35 years, why bother with 10% bonds? Especially in the current low interest rate environment I don't really see the use for it.


Good point.
by ny_rn
Mon Jan 16, 2017 8:03 am
Forum: Investing - Help with Personal Investments
Topic: Which Bond Fund
Replies: 18
Views: 2626

Which Bond Fund

I am looking to add bonds (~10%) to my portfolio in the near future, because it has entered the low six-figures. I am 100% US equities at this point and have no interest in investing in international funds. With that being said, I have the following bond options available in my 403(b): PIMCO Total R...
by ny_rn
Tue Jan 10, 2017 2:16 pm
Forum: Investing - Help with Personal Investments
Topic: How often do you make contributions to your portfolio?
Replies: 15
Views: 1209

Re: How often do you make contributions to your portfolio?

- 403(b) - every paycheck until it is maxed out
- Roth IRA - throughout the year until it is maxed out
- Taxable - 1st of every month, surplus and unexpected cash
by ny_rn
Sun Jan 08, 2017 4:17 am
Forum: Personal Finance (Not Investing)
Topic: Relocation to the Dallas, TX Area
Replies: 32
Views: 3510

Re: Relocation to the Dallas, TX Area

Look at Little Elm, TX. It's approximately 15-min. away from Plano, TX with excellent homes.
by ny_rn
Sat Jan 07, 2017 10:46 pm
Forum: Investing - Help with Personal Investments
Topic: Factoring Pension
Replies: 13
Views: 1784

Factoring Pension

I'm a 32-year old single male living in New York with $0 debt. I currently hold 100% US equities between a 403(b), Roth IRA and taxable account. At some point I will add bonds, but I am having trouble factoring in my pension. I will be 100% vested in a pension by the end of 2017 which I will be able...
by ny_rn
Mon Dec 26, 2016 6:26 am
Forum: Personal Consumer Issues
Topic: How to get rid of your belly........
Replies: 82
Views: 11487

Re: How to get rid of your belly........

Exercise, diet and consistency.
by ny_rn
Tue Dec 20, 2016 12:22 am
Forum: Personal Finance (Not Investing)
Topic: 5K Saving per month - Best way to maximize?
Replies: 7
Views: 1795

Re: 5K Saving per month - Best way to maximize?

If you save $5,000 per month for three years you will have $180,000. I assume you plan to spend it within the next 3-5 years for a ~$1mm home. Stick with a savings account or certificate of deposit.

I'm curious. Why the $1mm+ home?
by ny_rn
Mon Dec 19, 2016 10:24 pm
Forum: Investing - Help with Personal Investments
Topic: Best place to park 43k
Replies: 12
Views: 2185

Re: Best place to park 43k

2tall4economy wrote:Seems like you're desperate to spend money when you don't have steady employment and neither does she. I'd say rent for a year minimum. Don't be in a rush. What if your wife loses her job? You be out the $43k


My thoughts exactly. Rent until you are ready - financially.
by ny_rn
Mon Dec 19, 2016 8:39 pm
Forum: Personal Consumer Issues
Topic: Coach bag for wife - how to buy
Replies: 73
Views: 6298

Re: Coach bag for wife - how to buy

Get the bag and be glad she does not want Chloe, Louis Vuitton, Hermes, etc.

I do not know your financial situation, but I'm guessing you can afford it with no problem. If needed, pull from your emergency fund. :moneybag

In all seriousness, make her happy and get the bag.
by ny_rn
Sun Dec 18, 2016 7:42 pm
Forum: Investing - Help with Personal Investments
Topic: SVSPX, -6.83% on Friday?
Replies: 15
Views: 2207

Re: SVSPX, -6.83% on Friday?

100% of my 403(b) is invested in SVSPX. I guess I shouldn't look at my account. I'll peek at it when I leave my current place of employment. :beer
by ny_rn
Sun Dec 11, 2016 4:54 pm
Forum: Investing - Theory, News & General
Topic: A question for newbie Bogleheads
Replies: 22
Views: 2240

Re: A question for newbie Bogleheads

"Don't look for the needle. Buy the haystack." - John Bogle
by ny_rn
Sun Dec 11, 2016 4:50 pm
Forum: Investing - Help with Personal Investments
Topic: Young Professional's Investment Plan for 2017
Replies: 15
Views: 2306

Re: Young Professional's Investment Plan for 2017

I am trying to save as much for retirement as possible. My dad has suggested that I should max both my 401K and Roth but I'm not 100% sure I can do that at the moment. Instead of "saving" for retirement, I suggest increasing your income. Career advancement, starting a business, etc. There...